Rivian's Robotics Spin-Off Reaches $3.4 Billion Valuation
Rivian Automotive has spun off its robotics division, Mind Robotics, which recently raised a total of $900 million in two rounds and is now valued at $3.4 billion. The company plans to use the technology for manufacturing efficiency improvements and potential sales to other industrial firms.
Tickers: $RIVN
Topics: manufacturing efficiency Mind Robotics Rivian robotics investment